DIXON, Calif.--(BUSINESS WIRE)--First Northern Community Bancorp (OTCQB:FNRN), holding company for First Northern Bank, announced that at the May 15, 2014, Organization Meeting of the Board of Directors of First Northern Community Bancorp and First Northern Bank, Lori J. Aldrete was elected Vice Chairman of the 11-member Board. She joins Chairman, John M. Carbahal who is in his second year of his three-year term in leading the Board. Together they represent 37 years of combined directorship experience with First Northern.
Aldrete has served on the Board since January 1995. Currently, she is Chairman of the Bank’s Compensation Committee. She also serves on the Directors’ Loan Committee, the Nominating and Corporate Governance Committee, and the Information Services Steering Committee.
Aldrete, who holds an undergraduate degree in Communications from Michigan State University and a Master of Business Administration from California State University, Sacramento, is owner of Aldrete Communications, a regional public affairs, marketing and communications firm headquartered in Davis, California. She is also the Executive Vice President/Chief Operating Officer of Aldrete Enterprises. Aldrete has held senior executive management positions for large healthcare organizations in Sacramento and San Francisco and has worked in the business and communications fields for more than 35 years.
In addition to serving on the Boards of First Northern Community Bancorp and First Northern Bank, she is also a board member of the United Way California Capitol Region, and is a member of the Davis Chamber of Commerce.
First Northern’s other ten directors, and the year in which they joined the Board, are: Frank J. Andrews Jr. – 1993, Patrick R. Brady – 2013, John M. Carbahal – 1996, Gregory DuPratt – 1996, Diane P. Hamlyn – 1985, Richard M. Martinez – 2011, Foy S. McNaughton – 2000, Owen J. Onsum – 1996, David W. Schulze – 1978, and Louise A. Walker - 2011.
An independent community bank headquartered in Solano County since 1910, First Northern Bank specializes in relationship banking. Experts are available in small business, commercial, real estate and agribusiness lending, as well as mortgage loans. The Bank is an SBA Preferred Lender. Non-FDIC insured Investment and Brokerage Services are available at every branch location, including Dixon, Davis, West Sacramento, Fairfield, Vacaville, Winters, Woodland, Roseville and Auburn. The Bank has a full-service Trust Department in Sacramento and a commercial lending office in Walnut Creek. Real estate mortgage and commercial loan officers are available by appointment in any of the Bank’s branches. The Bank is rated as a “Superior” 5-Star Bank by BauerFinancial Inc. (www.bauerfinancial.com), and can be found on the Web at www.thatsmybank.com, on Facebook and on LinkedIn.
Forward-Looking Statements
This press release may include certain “forward-looking statements” about First Northern Community Bancorp (the “Company”). These forward-looking statements are based on management's current expectations and are subject to certain risks, uncertainties and changes in circumstances. Actual results may differ materially from these expectations due to changes in global political, economic, business, competitive, market and regulatory factors. More detailed information about these risk factors is contained in the Company's most recent reports filed with the Securities and Exchange Commission on Forms 10-K, 10-Q and 8-K, each as it may be amended from time to time, which identify important risk factors that could cause actual results to differ materially from those contained in the forward-looking statements. The financial information contained in this release should be read in conjunction with the consolidated financial statements and notes thereto included in the Company's most recent reports on Form 10-K and Form 10-Q. The Company undertakes no obligation to update these forward-looking statements to reflect events or circumstances arising after the date on which they are made. For further information regarding the Company, please read the Company’s reports filed with the SEC and available at www.sec.gov.
